House Flipping Staging a Comeback? More Americans are once again on the hunt to snag a home at bargain prices, fix it up, and then try to resell it for a quick profit. Home flippers mostly vanished from the market during the housing downturn a few years ago. But with home values inching up, …
Tag: Real Estate
Apr 26
Lenders Embrace Home Equity Loans Again
Lenders Embrace Home Equity Loans Again. As housing values rise, home-equity loans and lines of credit are staging a comeback, MSN Money reports. In late 2008 as the housing market slowed dramatically, home-equity borrowing came to nearly a standstill as lenders became cautious because values were falling so quickly. By late 2011, nearly a …
Apr 26
Report: ‘Alarming’ Rate of Re-Defaulters With HAMP
Report: ‘Alarming’ Rate of Re-Defaulters With HAMP A new report finds that borrowers who had their mortgage payments reduced as part of the Home Affordable Modification Program are still failing at an “alarming rate” to stay current on their mortgage. The borrowers had their mortgage payments reduced, on average, by more than $400 a …
Apr 25
Banks Increasingly Turning to Deeds-in-Lieu of Foreclosure
Banks Increasingly Turning to Deeds-in-Lieu of Foreclosure Short sales and loan modifications have grown to help offset foreclosures, but banks are also turning to deeds-in-lieu of foreclosure more too. Slightly above 20,000 deeds-in-lieu of foreclosure occurred nationwide in 2012, which is up nearly 40 percent from 2011, according to RealtyTrac. Some states are even …
Apr 25
Foreclosure Crisis Melting Away?
Foreclosure Crisis Melting Away? Foreclosures are falling quickly as more borrowers keep up with their mortgage payments and banks complete more loan modifications or approve short sales to avoid foreclosures on their books. For the first time since 2008, the number of borrowers who are behind on their payments or in foreclosure dropped below …
Apr 24
25 N Manor Rd Broomall, PA 19008 home for sale Delaware County
25 N Manor Rd Broomall, PA 19008 home for sale Delaware County. 3 bed, 3 bath 1,568 sqft Single-Family Home $372,000 Single Family/Detached, Colonial this home for sale at 25 N Manor Rd Broomall, PA 19008 Home for sale at 25 N Manor Rd Broomall, PA 19008. New gourmet Kitchen & Huge Level …
Apr 24
6502 Bobolink Pl, Philadelphia, PA 19142 home for sale
6502 Bobolink Pl, Philadelphia, PA 19142 home for sale. • 3 Bedrooms, 1 / 1 Bath • Townhome • 1360 Square Feet • $125,000 6502 Bobolink Pl, Philadelphia, PA 19142 home for sale. Nicely maintained Eastwick 3 bedroom, 1.5 bath townhouse situated at the end of a lovely, tranquil cul de sac street. This home …
Apr 23
141 Academy Ln, Upper Darby, PA 19082 home for sale Delaware County
141 Academy Ln, Upper Darby, PA 19082 home for sale Delaware County. • 3 Beds, 1 Bath • Town House / Row Home • Square Feet 1275 • $119,900 141 Academy Ln, Upper Darby, PA 19082 home for sale Delaware County. Incredible Stone & Brick End unit Townhouse situated on an awesome corner lot in …
Apr 23
108 Springton Mews Cir Media, PA 19063 home for sale Delaware County
108 Springton Mews Cir Media, PA 19063 home for sale Delaware County. 3 bed, 4 bath 3,160 sqft Townhome $399,000 Row/Town House/Cluster, Colonial home for sale at 108 Springton Mews Cir Media, PA 19063 Home for sale at 108 Springton Mews Cir Media, PA 19063. Move right into this spacious, bright end unit in …
Apr 22
9 Cheshire Cir Broomall, PA 19008 home for sale Delaware County
9 Cheshire Cir Broomall, PA 19008 home for sale Delaware County. 3bed, 3 bath 1,520 sqft Single-Family Home $299,000 Single Family/Detached, Colonial home for sale at 9 Cheshire Cir Broomall, PA 19008 Home for sale at 9 Cheshire Cir Broomall, PA 19008. Lawrence Park split on quiet cul-de-sac street! Living room with picture window, …
Apr 22
640 Cedar Grove Rd Broomall, PA 19008 home for sale Delaware County
640 Cedar Grove Rd Broomall, PA 19008 home for sale Delaware County. 3 bed, 3 bath 1,745 sqft Single-Family Home $314,900 1-Story,Detached, Rancher home for sale at 640 Cedar Grove Rd Broomall, PA 19008 Home for sale at 640 Cedar Grove Rd Broomall, PA 19008. Spacious ranch home on great .5 acre lot, large …
Apr 19
46 Wayfield Rd Springfield, PA 19064 home for sale Delaware County
46 Wayfield Rd Springfield, PA 19064 home for sale Delaware County. 3 bed, 2 bath 1,320 sqft Single-Family Home $279,900 Single Family/Detached, Colonial home for sale at 46 Wayfield Rd Springfield, PA 19064 Home for sale at 46 Wayfield Rd Springfield, PA 19064. Beautifully appointed 3 bedroom stone Springfield colonial. Features include newer eat-in …